Financial Technologies (India) Ltd. (FTIL), on Tuesday, said it has submitted to the government a Rs. 1,000 crore settlement plan, including Rs. 500 crore to be contributed by brokers, to clear th...
»

The Enforcement Directorate on Monday provisionally attached assets worth Rs.2 crore belonging to former Union Minister of State for Coal Dasari Narayana Rao in connection with a coal block alloca...
»

A con businessman, who amassed a £50-million fortune by selling fake bomb detectors to the United Nations (U.N.), and a host of countries around the world, including Iraq, Saudi Arabia and Thailan...
»

Four young men who allegedly got credit cards issued on forged identification documents of non-existing Air India employees and made purchases causing a loss of over Rs.40 lakh to a bank have been...
»

Enforcement Directorate may have seized assets worth Rs 2,357 crore in 2012-13, a seven fold increase from previous fiscal, but it sees the cases of money laundering, forex violations and other ec...
»

The Securities and Exchange Board of India is working hard to ensure that the savings of small investors are not compromised following the chit fund scams that have shaken investors’ confidence ac...
»

The Central Bureau of Investigation has opposed the plea of N. Sunil Reddy, seventh accused in the Emaar Properties land deal case and a relative of Kadapa MP Y.S. Jaganmohan Reddy, to relieve him...
»

One of the prime accused in the Kerala Public Service Commission (PSC) examination scam case who was absconding was arrested by the police last week. In a statement issued here on Monday, Assistan...
»

The Bidhannagar Police Commissionerate that is interrogating Sudipta Sen, Chairman and Managing Director, Saradha Group, and his associates arrested in connection with the scam involving the Group’...
»

Senior IAS officer L.V. Subramanyam, who was named as the tenth accused in the Emaar Properties land deal scam case by the Central Bureau of Investigation (CBI), has appealed to a special court he...
»

The Registration and Stamps Department Employees’ Association took out a rally to protest against the slapping of cases against the registration department employees. The rally began from Sub-Regis...
»

Mamata Banerjee, West Bengal Chief Minister, said here on Tuesday that two companies that had four of five sister concerns in the State engaged in Ponzi or multi-level marketing schemes would be c...
»

Assam Chief Minister Tarun Gogoi on Monday said a team of the Central Bureau of Investigation (CBI) would arrive in the State on Tuesday at the request of his government to assess the chit fund sc...
»

In the light of the alleged scam by the Saradha Group, apex industry body ASSOCHAM on Monday urged the Centre to call an all-regulatory authorities’ meeting to work out an effective strategy to cu...
»

Objecting to the use of word ’Chit Fund’ in multi-crore Saradha Group financial fraud, industry body CFAI on Monday said none of the entities of the Kolkata-based Group was operating as a register...
»